Worst. President. Ever… Obama Second Quarter GDP at 1.7% – Worst Growth Rate Since Depression

Worst. President. Ever.
Obama GDP rate reaches new lows.
obama gdp
(Market Watch)

Via Drudge:
Income inequality rose faster under Obama than Bush or Clinton…
1st Q GDP revised to 1.1% from 1.8% …

The AP reported:

U.S. economic growth accelerated in the April-June quarter to a seasonally adjusted annual rate of 1.7 percent, as businesses spent more and the federal government cut less.

The Commerce Department says growth improved from a sluggish 1.1 percent rate in the January-March quarter, which was revised from an initial 1.8 percent rate. The pickup in growth was surprising as most economists predicted a far weaker second quarter.

Consumers increased their spending more slowly in the second quarter. And a surge in imports reduced growth by the most in three years. But the federal government cut spending only 1.5 percent. And state and local governments increased spending for the first time in a year.

And, there’s more…
Unemployment and Deficits are at record levels.
Bush_vs_Obama
Urban Grounds

Millions of Americans have left the workforce.
participation rate obama
Reflections of a Rational Republican

GDP growth is at anemic levels.
growth gap obama
RoadBikeReview

The Obama recovery is the worst ever.
us recovery obama worst ever
RoadBikeReview

Obama is simply the worst ever.
It’s a good thing the media is covering for this guy.

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Jim Hoft is the founder and editor of The Gateway Pundit, one of the top conservative news outlets in America. Jim was awarded the Reed Irvine Accuracy in Media Award in 2013 and is the proud recipient of the Breitbart Award for Excellence in Online Journalism from the Americans for Prosperity Foundation in May 2016. In 2023, The Gateway Pundit received the Most Trusted Print Media Award at the American Liberty Awards.

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